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The saving-investment correlation revisited: the case of Spain, 1964-1994

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  • Oscar Bajo-Rubio

Abstract

In this note the saving-investment correlation is examined in terms of an error correction model, in order to gain some insight into the degree of capital mobility, using Spanish data for the period 1964-1994.

Suggested Citation

  • Oscar Bajo-Rubio, 1998. "The saving-investment correlation revisited: the case of Spain, 1964-1994," Applied Economics Letters, Taylor & Francis Journals, vol. 5(12), pages 769-772.
    • Handle: RePEc:taf:apeclt:v:5:y:1998:i:12:p:769-772
    DOI: 10.1080/135048598353998
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    References listed on IDEAS

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    1. Jansen, W Jos & Schulze, Gunther G, 1996. "Theory-Based Measurement of the Saving-Investment Correlation with an Application to Norway," Economic Inquiry, Western Economic Association International, vol. 34(1), pages 116-132, January.
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    Cited by:

    1. Huseyin Kalyoncu, 2007. "Saving-investment correlations and capital mobility in OECD countries: an error correction analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 14(8), pages 597-601.
    2. Chor Foon Tang & Hooi Hooi Lean, 2011. "Revisit Feldstein-Horioka puzzle: evidence from Malaysia," Economics Bulletin, AccessEcon, vol. 31(3), pages 2237-2249.
    3. Abdulnasser Hatemi-J & R. Scott Hacker, 2007. "Capital mobility in Sweden: a time-varying parameter approach," Applied Economics Letters, Taylor & Francis Journals, vol. 14(15), pages 1115-1118.
    4. Ketenci, Natalya, 2012. "The Feldstein–Horioka Puzzle and structural breaks: Evidence from EU members," Economic Modelling, Elsevier, vol. 29(2), pages 262-270.
    5. Hamid Raza & Gylfi Zoega & Stephen Kinsella, 2015. "Capital controls, financial crisis and the investment saving nexus:Evidence from Iceland," Working Papers 201518, Geary Institute, University College Dublin.

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